DOF offloads platform supplier outside offshore oil service industry

Offshore vessel owner DOF has sold one of its platform supply vessels (PSVs) to an unnamed buyer.

DOF said on Tuesday that the 2001-built vessel Skandi Waveney would be sold to a company outside Norway and not engaged in the offshore oil service industry.

According to the company, delivery is expected to take place mid-March 2017 upon the vessel completing its current contract engagement.

The company added that the sale would not have any significant impact on accounting or the cash position of the owner company.

The sale is in line with DOF’s strategy to divest itself of some of the older vessels in its fleet not on term charters and seen as lesser prospects in the foreseeable future. DOF did not disclose any financial information or other details of the contract.

Skandi Waveney is of a UT 775L design and transports oilfield products and supplies to offshore drilling and production facilities. It can accommodate 21 people, has a length of 71.9 meters, and is 19 meters wide with a deadweight of 3,246 tonnes.